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Open AccessArticle

Empowering Women through Microcredit in Bangladesh: An Empirical Study

1
College of Economics, Fujian Agriculture and Forestry University, Fuzhou 350002, China
2
Department of Management and Finance, Sher-e-Bangla Agricultural University, Dhaka 1207, Bangladesh
3
Department of Agribusiness, Bangabandhu Sheikh Mujibur Rahman Agricultural University, Gazipur 1706, Bangladesh
*
Author to whom correspondence should be addressed.
Int. J. Financial Stud. 2019, 7(3), 37; https://doi.org/10.3390/ijfs7030037
Received: 7 May 2019 / Revised: 20 June 2019 / Accepted: 21 June 2019 / Published: 1 July 2019
The present study was carried out to identify the determinants of microcredit accessibility by rural women households and its impact on rural women empowerment in Bangladesh. A face-to-face survey was conducted during 2018, interviewing 300 women households in two locations in Bangladesh. Descriptive statistics and econometric modeling were used to achieve the objectives. The results of the study showed that the higher annual income inversely related with the accessibility to the microcredit program, whereas family size (P < 0.05) was positive and significantly influenced the accessibility to the microcredit program. The empirical results indicate that borrowers of microcredit have greater control over their own savings. The regression outcome also exposes that microcredit has a positive and significant impact on enhancing participation in household decision making process and women’s legal awareness. The study suggested that microcredit providers in Bangladesh should be encouraged to review their program planning and redesign loan products by putting more emphasis on higher income group women. View Full-Text
Keywords: microcredit; accessibility; women’s empowerment; logit regression; Bangladesh microcredit; accessibility; women’s empowerment; logit regression; Bangladesh
MDPI and ACS Style

Debnath, D.; Rahman, M.S.; Acharjee, D.C.; Latif, W.U.; Wang, L. Empowering Women through Microcredit in Bangladesh: An Empirical Study. Int. J. Financial Stud. 2019, 7, 37.

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